Posts Tagged ‘liquidation preferences’
VC Term Sheets – Investors’ Option to Walk
by Scott Edward Walker on September 14th, 2011

Introduction
This post originally appeared in the “Ask the Attorney” column I am writing for VentureBeat; it is part of my ongoing series regarding venture capital term sheets. Here are the issues I have addressed to date:
In today’s post, I examine the non-binding and conditional language in term sheets.
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Tags: due diligence, exploding term sheets, founders, Fred Wilson, investors' option, liquidation preferences, no shop, Rand Fish, redemption rights, startup, vc, VC term sheet, venture capital
Posted in VC Issues | No Comments »
What Are the Rights of Minority Stockholders?
by Scott Edward Walker on July 27th, 2011
Introduction
For the past few months, I’ve been discussing the rights of VC investors in connection with preferred stock financings, including the following:
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Tags: anti-dilution provisions, controlling stockholders, conversion rights, derivative claim, fiduciary duty, inspection rights, liquidation preferences, minority stockholders, oppression, proper purpose, redemption rights
Posted in Startup Issues | 3 Comments »
Venture Capital Term Sheets – Redemption Rights
by Scott Edward Walker on July 7th, 2011
Introduction
This post originally appeared in the “Ask the Attorney” column I am writing for VentureBeat; it is part of my ongoing series regarding venture capital term sheets. Here are the issues I have addressed to date:
In today’s post, I examine the redemption rights of investors.
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Tags: conversion, cumulative dividends, dividends, liquidation preferences, preferred stock, redemption, redemption rights, term sheets, vc, venture capital, venture capital term sheets, walking dead
Posted in VC Issues | No Comments »
Venture Capital Term Sheets: Conversion Rights
by Scott Edward Walker on June 9th, 2011
Introduction
This post originally appeared as part of the “Ask the Attorney” column I am writing for VentureBeat; it is another installment of my ongoing series regarding venture capital term sheets. Here are the issues I have addressed to date:
In today’s post, I examine conversion rights of investors.
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Tags: conversion rights, investors, liquidation preferences, mandatory conversion rights, protective provisions, term sheets, valuation, vc, venture capital
Posted in VC Issues | No Comments »
How Do I Swim Safely in the VC’s Option Pool?
by Scott Edward Walker on September 15th, 2010
Introduction
This post was originally part of my weekly “Ask the Attorney” series which I am writing for VentureBeat (one of my favorite websites for entrepreneurs). Below is a longer, more comprehensive version. Please shoot me any questions you may have in the comments section – or feel free to call me directly at 415-979-9998. Many thanks, Scott
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Tags: attorney, co-founder, entrepreneurs, liquidation preferences, option pool, pre, pre-money, startup, stock options, term sheet, valuation, vc, VCs
Posted in Ask the Attorney, VC Issues | 2 Comments »
What Is a Liquidation Preference?
by Scott Edward Walker on August 25th, 2010
Introduction
This post was originally part of my weekly “Ask the Attorney” series which I am writing for VentureBeat (one of my favorite websites for entrepreneurs). Please shoot me any questions you may have in the comments section – or feel free to call me directly at 415-979-9998. Many thanks, Scott
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Tags: entrepreneur, liquidation preference, liquidation preferences, multiple, participating preferred, pre, pre-money valuation, preferred stock, startup, valuation, vc
Posted in Ask the Attorney, VC Issues | 6 Comments »
Webinar for Entrepreneurs: Venture Capital Term Sheets (Plus More)
by Scott Edward Walker on April 15th, 2010
Introduction
My colleague, Susan Morgan, conducted a webinar yesterday with respect to venture capital term sheets for the “CFO University,” which is group of Chief Financial Officers convening monthly webinars via CFOwise. As I have previously discussed, Susan recently joined our team and has strong financing experience, including 7+ years at Fenwick & West in Silicon Valley where she closed more than 30 financings. (You can learn more about Susan’s background on her bio page.) In conjunction with the webinar, Susan also wrote a brief post on convertible notes. You can see the webinar and read the post below. Many thanks, Scott
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Tags: angels, anti-dilution, bridge financing, conversion rights, dividends, entrepreneurs, financing, liquidation preferences, preferred stock, redemption rights, Series A, term sheets, valuation, venture capital
Posted in Angel Issues, VC Issues | No Comments »